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TDUX
Aug 06 - 03:55 AM

EUR/USD - Threatening To Break Higher And Squeeze More Shorts

By Jeremy Boulton  —  Aug 06 - 02:36 AM

• EUR/USD 1.1544-59 range on Thursday

• The top of the daily Ichimoku cloud is 1.1561

• The 100-DMA is 1.1569, peak 20-day Bollingers 1.1571

• There is scope for a bigger rise and traders are short

• Likely to see stops triggered above cloud and 100-DMA


EURUSD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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